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Oil prices

OilPricesDownDreamstime

Oil prices

OPEC and Russia Agree To Cut Oil Production To Boost Prices

U.S. and Canada are supposed to agree to cut 5 million barrels

Ronald Bailey | 4.9.2020 5:05 PM

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California

Gavin Newsom, Supporter of Massive Gas Tax Hike, Demands Investigation of $4 per Gallon CA Gas Prices

The governor's request comes after the release of a report finding the state's taxes and regulations explain half of the higher prices Golden State motorists pay.

Christian Britschgi | 10.22.2019 4:45 PM

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Middle East

The U.S. Shouldn't Rush to War With Iran Over Saudi Oilfield Attack

Open warfare between Iran and Saudi Arabia would be far worse than this weekend's attacks.

Eric Boehm | 9.16.2019 5:45 PM

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OPEC

Oil Prices Are Rising. Don't Expect Trump's Tweets to Lower Them.

If the president does want to lower oil prices, he could push Congress to expand domestic oil production.

Nikhil Sridhar | 7.10.2018 10:10 AM

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Oil prices

How Cartels and Political Uncertainty Cause Rising Oil and Gas Prices

Rising U.S. oil production will moderate future price increases.

Ronald Bailey | 5.15.2018 12:15 PM

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Peak oil

U.S. Oil Production Will Exceed Its 1971 Peak This Year

So much for peak oil doom!

Ronald Bailey | 2.7.2018 2:15 PM

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Peak oil

Peak Oil: What Ever Happened to Hubbert's Peak?

Next year U.S. oil production will exceed its 1970 peak.

Ronald Bailey | 7.27.2017 10:55 AM

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Peak oil

Remembering Peak Oil: Saudi Arabian Production Was Supposed to Peak in 2006

It didn't.

Ronald Bailey | 2.21.2017 3:30 PM

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Oil prices

OPEC Production Cutbacks, Oil Prices and Fracking

The petro-autocracies attempt to get more cash to buy off their restive populations will fail

Ronald Bailey | 12.19.2016 4:59 PM

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Oil prices

Oil Output Freeze by Russia, Saudi Arabia, Venezuela, and Qatar: So What?

Would-be oil cartelizers will fail in the long run

Ronald Bailey | 2.16.2016 3:09 PM

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Oil prices

The Collapse of Oil IS the Economic Boom

Don't listen to the pundits

John Tamny | 2.6.2016 12:00 PM

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Commodities markets

$20 Oil Soon? Resource Depletionists Go Hide Your Heads in Shame!

How low can the slide downward from the peak of the most recent commodity super-cycle go?

Ronald Bailey | 1.11.2016 4:43 PM

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Oil prices

Oil Price Super-Cycle Collapse: Party Like It's 1998?

Never bet against human ingenuity operating in free markets.

Ronald Bailey | 1.7.2016 11:03 AM

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Keystone XL

Obama Rejects Keystone Oil Pipeline: Not in National Interest

"The pipeline would not make a meaningful long-term contribution to our economy."

Ronald Bailey | 11.6.2015 2:02 PM

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Peak oil

Oil Prices to Fall to $20 Per Barrel?

Surprise: Oil production did not peak on Thanksgiving Day 2005

Ronald Bailey | 9.11.2015 11:03 AM

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Peak oil

Hubbert's Peak Refuted: Peak Oil Theory Still Wrong

Who's a flat-earther now?

Ronald Bailey | 6.10.2015 11:16 AM

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Peak oil

Mistaking Peak Prices for "Peak Everything"

Economic Super-cycles and Falling Commodity Prices

Ronald Bailey | 3.13.2015 1:30 PM

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Oil

So Much for Hubbert's Peak Oil Theory: $20 Per Barrel Oil Soon?

Peak oil theorists wrong again.

Ronald Bailey | 3.4.2015 10:18 AM

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Oil prices

How Low Can Oil Prices Go?

The tricky geopolitics of tumbling demand and rising supply

Ronald Bailey | 3.3.2015 8:21 AM

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Oil prices

Oil to Surge to $200 Per Barrel: Or Maybe Collapse to $20 Per Barrel

Whatever.

Ronald Bailey | 2.10.2015 11:41 AM

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State of the Union

Obama Claims U.S. "Free from the Grip of Foreign Oil"—No Thanks to Him

Obama administration did almost nothing to lower oil and gas prices

Ronald Bailey | 1.20.2015 9:22 PM

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Venezuela

Venezuelan Fuel Subsidies Mean Cheap Gas—for Colombians

They should probably enjoy that cheap gas while they can get it.

J.D. Tuccille | 1.20.2015 9:25 AM

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Oil prices

Oil Prices Never Again Above $100 Per Barrel?

Ronald Bailey | 1.12.2015 12:03 PM

Oil prices

How Low Can Oil Prices Go?

Peak oil? What peak oil?

Ronald Bailey | 12.5.2014 1:30 PM

Oil prices

Ronald Bailey Asks How Low Can Oil Prices Go?

Reason Staff | 12.5.2014 1:30 PM

Oil prices

Saudi Arabia's Attempt to Kill Off U.S. Fracking Could Kill Off Some Unsavory Regimes Too

Ronald Bailey | 12.1.2014 12:13 PM

Fracking

U.S. Fracking Boom Stabilizes Oil Market

Ronald Bailey | 8.28.2014 3:43 PM

Iraq

ISIS Fighters in Iraq Making It About Oil, Attack Oil Refinery, Gas Prices Already Up

Take control of refinery responsible for 25 percent of domestic consumption

Ed Krayewski | 6.18.2014 11:45 AM

Iraq

Iraq Civil War = Global Recession?

Ronald Bailey | 6.18.2014 10:33 AM

Oil

Debate over Ending US Ban on Oil Exports

Country set to become top producer

Reason Staff | 1.8.2014 2:10 PM

NSA

NSA, England Hacked into OPEC

Uncovered secrets about organization's trade tactics

Reason Staff | 11.11.2013 5:00 PM

India

India's Rupee Plunges to Record Low

Surge in oil prices a serious problem

Reason Staff | 8.28.2013 1:37 PM

Oil prices

Oil Prices Jump over Possible Syrian Conflict

Market is in a tizzy

Reason Staff | 8.27.2013 12:08 PM

Egypt

Oil Prices Rise Amid Unrest in Egypt

Reason Staff | 7.3.2013 7:40 AM

Oil

EU Investigating Price Fixing at Oil Companies

Inspected firms in three countries

Reason Staff | 5.14.2013 4:20 PM

Peak oil

Remembering "Peak Oil" Madness

Ronald Bailey | 12.4.2012 3:31 PM

Oil prices

Oil Trades at Two-Week Low

Rising U.S. stockpiles credited

Reason Staff | 9.18.2012 9:37 PM

Federal Reserve

Stocks, Oil Prices Rise on Fed Announcement

Dollar weakens

Reason Staff | 9.13.2012 4:40 PM

Oil prices

Saudi Arabia May Stop Exporting Oil

The country's growing needs are expected to gobble up a greater share of the supply

Reason Staff | 9.5.2012 10:20 PM

Gasoline

Labor Day Gas Prices Will Set Record

Enjoy your holiday weekend!

Reason Staff | 8.31.2012 10:00 PM

Oil

Oil Prices Fall as Crude Supply Rises

Halt of gulf production due to Isaac watched.

Reason Staff | 8.29.2012 6:20 PM

Free Markets

Republicans Vitter, Murkowski Demand More Stimulus

Tim Cavanaugh | 5.16.2012 9:12 PM

Economics

How Will Obama Protect Us From Onion Speculators?

Tim Cavanaugh | 4.23.2012 12:09 PM

Energy

Newt's Despicable Gasoline Price Promise

Newt Gingrich imagines he can command the law of supply and demand.

Ronald Bailey | 3.13.2012 6:00 PM

Energy

Nation of Gas Speculators Condemns Oil Speculators

Tim Cavanaugh | 5.5.2011 12:19 AM

Oil

Why Isn't Obama Celebrating High Oil Prices?

Understanding the president's environmental inconsistency

David Harsanyi | 4.27.2011 4:30 PM

Science

Whither Gasoline Prices?

Prices up, poll numbers down, round up the usual suspects!

Ronald Bailey | 4.26.2011 4:30 PM

Peak oil

Oil Price Shocks and the Recession of 2011?

Ten of the last 11 recessions were preceded by oil price hikes.

Ronald Bailey | 3.8.2011 5:15 PM

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